Tag: Looking Foreclosed Homes
New Bill Passed in the State Senate to Help Prevent Foreclosure
Last week, a bill has been passed in the Senate to provide stronger protection to struggling homeowners. This legislation will prevent unlawful and unnecessary foreclosures which will help to reduce the total number of distressed properties in the housing market. According to this bill, the lenders and the banks have to provide loan modification schemes…
Demand for Foreclosed Properties Increases Among US Property Buyers
Gradually, the total number of willing property buyers are increasing in the US. On the basis of a survey report by the National Association of Realtors, a report has been published recently on the official website of this agency, Realtor.com, which states that in the last two and a half years, the total number of…
Bank of America Invites US Homeowners for Principal Reduction
There is good news for all borrowers having a mortgage deal with Bank of America because in the last week, it has been announced by this bank that many homeowners struggling with foreclosed properties who are eligible for loan modification will soon receive a letter on behalf of this lender stating that there will be…
Increase in Foreclosure Filings Up by 7% in March
RealtyTrac, the largest real estate database firm, keeps records of all the housing transactions that take place in the housing market of the United States. According to this firm, the total number of fresh foreclosure filings in this country has increased by 7% this March, the third consecutive month showing an increase in foreclosures. This…
2012 Brings an Increase in Foreclosure Numbers for Beaufort County
The initial three months of 2012 in Beaufort County has experienced a remarkable rise in the total number of foreclosures although this trend is apparent but not troublesome. In comparison to the last quarter of the previous year, there is a straight 40% increase in the total number of foreclosed properties from January to March…
MERS Foreclosure Matter Moved to the Supreme Court in Oregon
The federal and state courts of Oregon are giving a variety of opinions about the controversial electronic mortgage registration system which has been used all across the nation to carry out foreclosure processing. With so many different opinions from courthouses, the matter will soon move to the Supreme Court for final justice. Even if this…
Foreclosure Numbers are Almost Steady in Wrentham
Photo by Jscreationzs On the basis of a recent data published by a Boston based real estate data agency, The Warren Group, it has been seen that the rate of completed and new foreclosure cases was stable in Wrentham in the last month. According to this data, there were only two foreclosure petitions filed in…